Worried about CGT on my main residence - if renting it while overesease and no refurb paperwork.
Spent a good slice of its current value on upgrades and modified layout....had not planned to rent it out.
Owned it 3 years and may rent it out another 3 years.
I actually see a similar post to this just put up.. I only have step-by-step photos and no paperwork as it was just going to be used 3-4 years then sold with no renting..only main residence occupancy.
Things change and then on my main residence will the upgrades sunk in it also attract CGT or can I self-declare/estimate amount put into it when time comes to sell taking into account a portion of time will pull in CGT liability ?
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